How Ameritek Ventures is Benefitting From Optical Fiber Boom

Looking for an attractive company in the booming optical fiber space, we found Ameritek Ventures (ATVK – $0.95), which presents an attractive opportunity for investors to get in at the ground level.

To get a thorough overview of the Company and to find out more about its potential, we were fortunate to sit down with Mr. Ken Mayeaux, the VP of Operations and Mr. Wesley Poff, the Head of Technology at Ameritek.

The two gentlemen first explain Ameritek Ventures’ goal to manufacture top quality optical fiber preforms to serve the massive telecommunications industry. In addition, they provide details about the current status of the $3 billion optical fiber market and why preforms are in such high demand worldwide. They reveal, for example, that the global demand for preforms will grow from 13,500 tons annually to over 23,000 tons by 2021.

Based on these numbers, the Company expects to generate revenues in excess of $20 million a year with an EBITDA margin of more than 35% within two years. Moreover, within four years they expect revenues to pass $50 million a year with an EBITDA margin of more than 40%.

In addition, the interview digs deeper into the advantages of Ameritek over its competitors and some of the challenges that it will need to overcome to meet its revenue projections.

Finally, listeners and readers get plenty of valuable information about the changes that occurred in the optical fiber market during the past few years, and investors also get a clear picture of some of Ameritek’s key executives and their background.

Access our interview by clicking the play button on the media player below,
or download our convenient transcript.

Download Advice: BuyPrice Target: $2.77Latest Company Report (pdf)
For important disclosures, please read our disclaimer.

  • Why the steep drop off in stock price in 01/18?

    • John Peters (editor)

      Hi Buhlz_I,

      As always a very good question. This was probably a small shareholder that was liquidating his position as the Company was transitioning its business. We believe that this position has been liquidated as the selling pressure has stopped late January.